Form 4: Walgreens Boots Alliance Executive Ornella Barra Reports Stock Transactions

Sentiment:

SEC Form 4 4 November 2024 9:52 PM

📋All filings for Walgreens Boots Alliance, INC

Ornella Barra, Chief Operating Officer, Int'l of Walgreens Boots Alliance, reports acquisition of restricted stock units and disposition of shares to cover tax obligations.

Summary

On November 1, 2024, Ornella Barra, Chief Operating Officer, Int'l of Walgreens Boots Alliance, acquired 303,476 shares of common stock through a restricted stock unit award.
The shares vest in three tranches: 101,057 on November 1, 2025, 101,058 on November 1, 2026, and 101,361 on November 1, 2027.
On the same day, Barra disposed of 18,201 shares to satisfy tax withholding obligations at a price of $9.46 per share.
Following these transactions, Barra directly owns 954,321 shares and indirectly owns 1,718,000 shares through OLB Holdings Ltd.
Barra also holds employee stock options for a total of 879,587 shares at various exercise prices and expiration dates.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The acquisition of shares is a positive sign, but the disposal for tax obligations is a standard procedure. Overall, it doesn't strongly indicate a bullish or bearish outlook.

Positives

Acquisition of a significant number of shares (303,476) indicates confidence in the company's future.

Negatives

Disposition of 18,201 shares to cover tax obligations could be interpreted as a slight negative, although it's a common practice.

Risks

The vesting of restricted stock units is subject to forfeiture under certain circumstances, which could impact the number of shares ultimately received.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

The transactions may have a minor positive impact on shareholder confidence due to the acquisition of shares by a key executive.

Key Dates

Date	Description
11/01/2016	First vesting date for some of the employee stock options.
11/01/2017	Second vesting date for some of the employee stock options.
11/01/2018	Third vesting date for some of the employee stock options.
11/01/2019	Vesting date for some of the employee stock options.
11/01/2020	Vesting date for some of the employee stock options.
11/01/2021	Vesting date for some of the employee stock options.
11/01/2022	Vesting date for some of the employee stock options.
11/01/2023	Vesting date for some of the employee stock options.
11/01/2024	Date of the reported transactions: acquisition of restricted stock units and disposition of shares for tax obligations; vesting date for some of the employee stock options.
11/01/2025	First vesting date for the acquired restricted stock units; expiration date for some of the employee stock options.
11/01/2026	Second vesting date for the acquired restricted stock units; expiration date for some of the employee stock options.
11/01/2027	Third vesting date for the acquired restricted stock units; expiration date for some of the employee stock options.
11/01/2028	Expiration date for some of the employee stock options.
11/01/2029	Expiration date for some of the employee stock options.
11/01/2030	Expiration date for some of the employee stock options.
11/01/2031	Expiration date for some of the employee stock options.
11/04/2024	Date of the Form 4 filing.

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